Statute · California Insurance Code
Cal. Ins. Code § 1991 — Loss in Marine Insurance
Cal. Ins. Code § 1991
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
When profits are valued and insured by marine insurance, a loss of them is conclusively presumed from a loss of the property out of which they were expected to arise, and the valuation fixes their amount.
Citator
Cal. Ins. Code § 1991 — Loss in Marine Insurance is in force in the current edition of the Code, and nothing recorded condemns it.
When profits are valued and insured by marine insurance, a loss of them is conclusively presumed from a loss of the property out of which they were expected to arise, and the valuation fixes their amount.